Member Sign In

You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.

If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.

Healthways Up on New Healthcare Deal

Healthways Inc. (HWAY - Free Report) recently forged an agreement with UCLA Health System to make the latter an approved provider of the Dr. Dean Ornish Program for Reversing Heart Disease in southern California. Following the announcement of the deal, Healthways’ shares shot up as much as 3.7% in the trading session. The services will be offered at the Westwood campus, which has been designed specifically to deliver a superior patient experience.

Lifestyle management health programs aim at making thorough evaluation of individuals to help them improve their eating habits, and manage stress and overall lifestyle changes.

The deal follows the partnership that had been forged last year in July with Dr. Ornish. Per the deal, Healthways had undertaken the responsibility to operate and license his lifestyle management programs.

The lifestyle management programs designed by Ornish are known to be effective in the treatment, and reversal of the impact of coronary artery disease, Type 2 diabetes and early-stage prostate cancer, among other chronic diseases.

Low levels of productivity across businesses and communities, on account of health issues, are a plaguing concern. It is thus believed that proper implementation of such unique health management programs is necessary to fight and overcome such problems in the long term.

Under, the collaboration, Healthways will be responsible for designing the staff and participant curricula, including structuring the online presence of the program. Training of the staff will be taken care of by Healthways while UCLA Health System will arrange the staff, facilities and billing infrastructure.

Both Healthways and UCLA Health System look forward to introduce such health initiatives in future to offer lifestyle-changing services and thus, enhance the overall quality of life in general.

Resources

Client Support

Follow Us

Zacks Research is Reported On:

Yahoo

MSN

Marketwatch

Nasdaq

Forbes

Investors.com

Morningstar

Zacks Investment Research is an A+ Rated BBB Accredited Business.

Copyright 2016 Zacks Investment Research

At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has nearly tripled the S&P 500 with an average gain of +26% per year. These returns cover a period from 1988-2015 and were examined and attested by Baker Tilly Virchow Krause, LLP, an independent accounting firm.

Visit performance for information about the performance numbers displayed above.